Push for Biofuels could Generate more US-based Biotechnology Jobs - US President, George Bush, is looking to the biotechnology industry to increase the domestic production of biofuels and the knock-on effect could mean more jobs in the sector.
During a recent visit to the North Caroline premises of Novozymes, an industrial biotechnology company that produces enzymes and microbes for applications such as ethanol production, President Bush participated in a panel discussion on advances in industrial biotechnology that can help dramatically increase ethanol production.
Jim Greenwood, president and CEO of the Biotechnology Industry Organization (BIO), is thankful for President Bush leadership on the issue of biofuels, saying “We appreciate the personal interest that President Bush has taken in boosting domestic biofuels production. The President’s recent statements underline his commitment to developing new biofuels technologies. We believe President Bush’s visit to Novozymes sends the world a strong message about the importance of the work that industrial biotechnology companies are doing to provide a key enabling technology for large-scale production of ethanol,”
Last year, President Bush announced that he wanted ethanol from cellulose to become cost-competitive with gasoline within six years, and followed this with the 2007 State of Union address where he proposed an aggressive plan to reduce gasoline usage in the United States by 20% by increasing the production of alternative and renewable fuels by 2017.
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